Sweetgreen Stock Today

SG Stock  USD 43.40  2.15  5.21%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 22

 
High
 
Low
Low
Sweetgreen is trading at 43.40 as of the 24th of November 2024. This is a 5.21 percent increase since the beginning of the trading day. The stock's lowest day price was 40.17. Sweetgreen has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Note, on June 20, 2024, Senator Richard Blumenthal of US Senate acquired $250k to $500k worth of Sweetgreen's common stock.
Business Domain
Consumer Services
IPO Date
18th of November 2021
Category
Consumer Cyclical
Classification
Consumer Discretionary
Sweetgreen, Inc., together with its subsidiaries, develops and operates fast-casual restaurants serving healthy foods prepared from seasonal and organic ingredients. The company was founded in 2006 and is headquartered in Los Angeles, California. Sweetgreen Inc is traded on New York Stock Exchange in the United States.. The company has 103.41 M outstanding shares of which 15.51 M shares are at this time sold short in the market by investors with about 5.86 days to cover all shorted shares. More on Sweetgreen

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Sweetgreen Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic Ideas
(View all Themes)
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NYSE Composite, Hotels, Restaurants, Restaraunts Hotels Motels, Consumer Discretionary, Hotels, Restaurants & Leisure, Restaurants, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.450.58
Significantly Down
Pretty Stable
Total Current Liabilities87 M91.6 M
Notably Down
Slightly volatile
Non Current Liabilities Total327.4 M338.1 M
Sufficiently Down
Slightly volatile
Total Assets1.2 B912.3 M
Significantly Up
Slightly volatile
Total Current Assets262.3 M276.1 M
Notably Down
Slightly volatile
Debt Levels
Sweetgreen can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sweetgreen's financial leverage. It provides some insight into what part of Sweetgreen's total assets is financed by creditors.
Liquidity
Sweetgreen reports 302.87 M of total liabilities with total debt to equity ratio (D/E) of 0.44, which is normal for its line of buisiness. Sweetgreen has a current ratio of 8.6, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Sweetgreen to invest in growth at high rates of return.

Investments

(117.63 Million)
Sweetgreen (SG) is traded on New York Stock Exchange in USA. It is located in 3102 36th Street, Los Angeles, CA, United States, 90018 and employs 6,186 people. Sweetgreen is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 5.02 B. Sweetgreen is active under Hotels, Restaurants & Leisure sector as part of Consumer Discretionary industry. The entity has 103.41 M outstanding shares of which 15.51 M shares are at this time sold short in the market by investors with about 5.86 days to cover all shorted shares. Sweetgreen reports about 331.61 M in cash with 26.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.69.
Check Sweetgreen Probability Of Bankruptcy
Ownership Allocation
The majority of Sweetgreen outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sweetgreen to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sweetgreen. Please pay attention to any change in the institutional holdings of Sweetgreen as this could imply that something significant has changed or is about to change at the company. On June 20, 2024, Senator Richard Blumenthal of US Senate acquired $250k to $500k worth of Sweetgreen's common stock.
Check Sweetgreen Ownership Details

Sweetgreen Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
2.2 M
Neuberger Berman Group Llc2024-06-30
2.1 M
Spyglass Capital Management Llc2024-09-30
2.1 M
Renaissance Technologies Corp2024-09-30
1.8 M
Two Sigma Investments Llc2024-09-30
1.7 M
Two Sigma Advisers, Llc2024-06-30
1.7 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.7 M
Dimensional Fund Advisors, Inc.2024-09-30
1.7 M
Nuveen Asset Management, Llc2024-06-30
1.4 M
Baillie Gifford & Co Limited.2024-09-30
12 M
Fmr Inc2024-09-30
9.8 M
View Sweetgreen Diagnostics

Sweetgreen Historical Income Statement

At this time, Sweetgreen's Total Operating Expenses is most likely to increase significantly in the upcoming years. The Sweetgreen's current Total Other Income Expense Net is estimated to increase to about 15.9 M, while Interest Expense is projected to decrease to roughly 121.6 K. View More Fundamentals

Sweetgreen Stock Against Markets

Sweetgreen Corporate Management

Michael KotickVP MarketingProfile
Rossann WilliamsChief OfficerProfile
Chad BrauzeHead CulinaryProfile
Rebecca NounouHead RelationsProfile
Daniel ShlossmanChief OfficerProfile
Jonathan NemanChairman, CoFounderProfile
Nathaniel RuTreasurer, CoFounderProfile
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For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.
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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sweetgreen. If investors know Sweetgreen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sweetgreen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.78)
Revenue Per Share
5.896
Quarterly Revenue Growth
0.13
Return On Assets
(0.06)
Return On Equity
(0.18)
The market value of Sweetgreen is measured differently than its book value, which is the value of Sweetgreen that is recorded on the company's balance sheet. Investors also form their own opinion of Sweetgreen's value that differs from its market value or its book value, called intrinsic value, which is Sweetgreen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sweetgreen's market value can be influenced by many factors that don't directly affect Sweetgreen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sweetgreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sweetgreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sweetgreen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.